Iran is open to Indian private companies investing in the development of Chabahar Port, says Iranian Foreign Minister, Mohammad Javad Zarif, during a visit to New Delhi.
India and Iran had signed a deal in May to develop the strategically important port in southeast Iran.
"Our work together, co-operation together in Chabahar Port in Iran, Afghanistan, India transit co-operation and all these will help create better economic environment," said Zarif.
A container and cargo terminal at the Chabahar Port would allow India to provide landlocked Afghanistan with access to the sea, reducing its reliance on Pakistan.
Zarif sought India's cooperation in tackling militancy, which he said was a common problem for both countries.
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"ISIS is a common threat. People should deal with ISIS, not at an opportunity. Unfortunately, some of our friends in the region see ISIS or have seen in the past ISIS as an opportunity for tactical gains. I think that has to change. I think they have to realize by co-operation nobody will lose," said Zarif.
The Iranian foreign minister's visit to India comes after the country's historic nuclear agreement with six world powers - the United States, Russia, China, the United Kingdom, France and Germany.
On the second day of his India visit, Zarif called on Vice President, Hamid Ansari and held bilateral talks with counterpart Sushma Swaraj.